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HomeIndiaJoe Biden's decision to take action against those responsible for the banking...

Joe Biden’s decision to take action against those responsible for the banking crisisNews WAALI

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The bankruptcies of Silicon Valley Bank and Signature Bank will be held accountable, rest assured that citizens' assets in these banks are safe: US President / File Photo +
The bankruptcies of Silicon Valley Bank and Signature Bank will be held accountable, rest assured that citizens’ assets in these banks are safe: US President / File Photo +

Washington: US President Joe Biden has decided to act against those responsible for the banking crisis.

The President of America said that the bankrupts of Silicon Valley Bank and Signature Bank will be held accountable, I can assure you that the assets of the citizens in these banks are safe.

Joe Biden said that he is committed to overseeing and stabilizing the big banks in the future, trying to ensure that the public will not have to face this type of situation in the future.

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On the other hand, the American Federal Deposit Insurance Corporation says that the bank offices will be opened by Monday and customers who have capital in the bank will be able to withdraw their money.

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